Is there any tangible reason why binance exchange is been hunted? It seems they just hate success or what? Anyways no matter what they try CZ is a determined fellow, that's why binance made it this far, it's my best exchange and won't be changing any time soon
That is what success feels like. You will always get bashed from different angles by different people including the very ones using the same good services provided by the same person they are hating on. CZ/Binance has done well in the crypto exchange system and continues to provide good service to its users. Years ago, I remember when Bittrex was the exchange, so what happened?
Binance honestly is giving me what I want in an exchange and also some other exchange too and will continue to use it regardless.
CZ has enemies because he expanded extremely aggressively and successfully and as far as I know he was also grinding quite on the legal and regulatory edge. He did comply with everything he was requested and required to, but he didn't go one step further. Institutional investors haven't been his goal and he also didn't target them. That is why he could get away with less regulation than, for example, Coinbase. They had institutional investors as their target group and had therefore to fulfill a lot of regulatory requirements. CZ bet on the right horse: the retail investors.
CZ understand how the business works and how to compete well, there no way that he won't encounter competitors that will try to bring him down, taking the first spot always have bashers who wanted to take that place from you.
nows it and he made it sure that he will continue doing the right thing, until now he's still taking this spot and continue to rise up.
He will manage to work and continue to succeed even there are so many hindrances to encounter along the way.